Bangladesh: Bentonite Market 2021

Bentonite Market Size in Bangladesh

In 2019, after six years of growth, there was significant decline in the Bangladeshi bentonite market, when its value decreased by -X% to $X. Overall, consumption, however, saw resilient growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Bangladesh consumption peaked at $X in 2018, and then declined rapidly in the following year.

Bentonite Exports

Exports from Bangladesh

Bentonite exports from Bangladesh reduced modestly to X kg in 2019, remaining relatively unchanged against the previous year. In general, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, bentonite exports reached $X in 2019. Overall, exports showed a significant decrease. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Bangladesh exports peaked at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) were the largest exporters of bentonite, together achieving X% of total exports. Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) held a relatively small share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Greece, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from Bangladesh were the U.S. ($X), Turkey ($X) and India ($X), together comprising X% of total exports.

In terms of the main exporting countries, Turkey recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The bentonite export price in Bangladesh stood at $X per ton in 2019, increasing by X% against the previous year. Over the period under review, the export price saw a tangible expansion. The growth pace was the most rapid in 2017 an increase of X% y-o-y. Bangladesh export price peaked at $X per ton in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Bangladesh

In 2019, after three years of growth, there was significant decline in overseas purchases of bentonite, when their volume decreased by -X% to X tons. In general, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X tons in 2018, and then declined sharply in the following year.

In value terms, bentonite imports dropped remarkably to $X in 2019. Over the period under review, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2018, and then plummeted in the following year.

Imports by Country

Germany (X tons), Canada (X tons), Indonesia (X tons), the Netherlands (X tons), Malaysia (X tons), Poland (X tons), Russia (X tons), Saudi Arabia (X tons), Thailand (X tons), the UK (X tons), Japan (X tons) and France (X tons) represented roughly X% of total imports of bentonite in 2019. Italy (X tons) took a minor share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite importing markets into Bangladesh were Germany ($X), Canada ($X) and the Netherlands ($X), together accounting for X% of total imports. These countries were followed by Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy, which together accounted for a further X the main importing countries, Thailand recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The bentonite import price in Bangladesh stood at $X per ton in 2019, rising by X% against the previous year. Over the period under review, the import price saw moderate growth. The pace of growth was the most pronounced in 2010 when the import price increased by X% year-to-year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform